LOOKING FOR A CASH FLOWING INVESTMENT PROPERTY? Seize this incredible cash flowing investment opportunity in the heart of Kissimmee! This property is rented as a PAD SPLIT bringing in multiple rental incomes! DO NOT APPROACH THE PROPERTY WITHOUT A LICENSED REAL ESTATE AGENT AND APPROVED APPOINTMENT OR YOU WILL BE TRESSPASSING! This high-producing rental property offers an impressive cash flow with tenants already in place. Ideal for seasoned investors or those looking to expand their portfolio, this property won't stay on the market for long. The property consists of a single-wide mobile home with an attached apartment and studio. A NEW ROOF installed November 2022 to optimize your investment and there is a well and septic in place which saves on public utility expenses. The studio includes one bedroom, one bathroom and a kitchen area along with an apartment that includes one bedroom, one bathroom and a kitchen; then the other rooms include common area which consists of an entry way, a bathroom and a kitchen with dining area. Tenants are within close proximity to retail shops, grocery stores, and world-famous Orlando theme parks! This versatile property attracts a steady stream of tenants due to its prime location and well-maintained amenities. Don’t miss out on this exceptional investment opportunity! Call today to schedule your appointment and secure this cash-flowing property. Opportunities like this are rare with this high-yielding rental property at 5050 Howison Road in Kissimmee, Florida! Do not approach the property without a licensed real estate agent, cash only sale. All information is deemed reliable and shall be independently verified by the buyer. All measurements of rooms are estimated and shall be verified for buyer's needs. Total square footage is collected from public records. The bedroom and bathroom count is based on current property condition. Don't hesitate and miss out on this cash flowing investment property.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $179,200 | $179,200 | $179,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $196 | $196 | $196 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,118 | $1,089 | $1,416 |
Total Monthly Payment | $1,389 | $1,360 | $1,687 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.